Antler group marks anniversary of mother- child protection campaign

Antler group, which counts an impressive 36 years in the local industrial network held the 3rd anniversary of their mother- child community service on 28th January.

Fitch assigns Alliance Finance ‘BB+(lka)’ rating; Outlook Stable

Fitch Ratings Lanka has assigned Alliance Finance Company PLC (AFC) a National Long-Term Rating of ‘BB+(lka)’ with a Stable Outlook. 

Bettina Würth opens new Würth Lanka premises

Würth Lanka (Pvt) Ltd – the leader in motor vehicle and construction industry aftermarket products & solutions – moved its head office to a spacious new location in Makumbura, Pannipitiya in order to support its rapidly growing business operations.

Kelani Cables commences ‘Kelani Visura’ 2016 from Colombo

Kelani Cables PLC launched ‘Kelani Visura’ electrical technicians’ training program a decade back. ‘Kelani Visura’ was initiated to gear electrical technicians scattered throughout the Island with latest techniques practiced in the sector.

Allianz Lanka makes long-term commitment to fifth-graders with “Sisudiriya”

Allianz Lanka  launched Sisudiriya, a scholarship, designed to provide financial assistance to the children of Allianz Life Insurance policyholders who excel at the Grade 5 scholarship examination. Unlike most scholarships,

Sri Lanka Telecom empowers highest A/L achievers

Sri Lanka Telecom held the ‘Sisu Abhiman Awards’ at the Presidential Secretariat in January. The primary goal of the event was to empower learning by use of ultra-high speed broadband connection packages.

BOC staff makes voluntary donation to “Heart to Heart” fund

The staff of the Bank of Ceylon donated Rs.2 million recently to the ‘Heart to Heart Fund’ managed by the Sri Jayawardhanapura Hospital Cardiology Unit

Seylan Bank joins Lanka Pay- CEFTS for instant fund transfers

In a fresh initiative towards enhancing customer experience, Seylan Bank recently joined the Common Electronic Fund Transfer Switch (CEFTS) launched by LankaPay, the national payment network operated by LankaClear (Pvt) Ltd. 

David Pieris Motor Company introduces spare parts vending machine

As a company which has scored many a first in Sri Lanka’s automotive industry, David Pieris Motor Company Limited (DPMC) recently introduced a spare parts vending machine, another first in the country.

Ceylinco offers luxury office transport to VIP customers

Adding yet another amazing benefit to its wide variety of value additions, Ceylinco General Insurance unveiled the Ceylinco VIP Express concept, enabling Ceylinco VIP On The Spot policyholders, living in suburban Colombo to have the

Ceylinco Life’s ‘Pranama’ scholarships pass 2,000 milestone

Ceylinco Life’s ‘Pranama’ scholarships programme reached a milestone this month when the 15th round of scholarships awarded by the life insurance leader took the number of high achieving young Sri Lankans benefitted to date, beyond the 2,000 mark.

ComBank’s launches 9-week ‘Dine and Smile’ promo

Credit and Debit Card holders of Commercial Bank have been invited to savour life’s delicious moments at 57 popular restaurants at attractive discounts over a nine week period ending 17th April 2016, under the Bank’s latest ‘Dine & Smile’ promotion.

Wealth accounting is critical for measuring sustainability

Suppose you are an investor evaluating a company, but you only have its income statement. There you have revenue, expenses, 

Altair continues support to Little Sisters of the Poor

In a gesture of good corporate citizenship, Indocean Developers, the promoter of the trailblazing Altair luxury condominium development in Colombo, has further enhanced its support to an elders’ home in the city.

World Vision-Finnish govt. promote local producers for sustainable tourism in East

The Office of the Finland Roving Ambassador to Sri Lanka signed an agreement recently to continue funding World Vision Lanka’s Local Ecosystem Development for Sustainable Tourism Project in the Batticaloa District.

Kandy to receive new waste water management system under JICA concessionary loan

Waste water treatment plant construction will be commenced in Kandy ceremonially tomorrow with the participation of City Planning and Water Supply Minister Rauff Hakeem, Japan International Cooperation Agency 

Sri Lanka tourism running strong

Tourist arrivals to Sri Lanka have shown a fourfold increase in comparison to the tourist arrival figure of 438,475 for the calendar year 2008. With the ending of hostilities in mid-2009, the country has shown a sharp increase in the 

Foreign investor participants show interest in key sectors of Lankan economy

Foreign investors taking part in the upcoming ‘Sri Lanka Investment & Business Conclave 2016’ has shown a keen interest to explore diverse areas of business in the country, with the biggest interest going to the areas of infrastructure development, export manufacturing and agriculture.

Wildlife Conservation and Land Rover : We Care

Land Rover isproud to announcetheirinvolvement in Wildlife Conservation through the “We Care” programme whichaims to partner with on-going projectsthathelps to reduce Human - Animal conflict in Sri Lanka.

SLTourism Promotion Bureau Appoints Ms. Ruvini Bandaranayake as the New MD

Sri Lanka Tourism Promotion Bureau (SLTPB), nation’s catalyst for Tourism Promotion announced that they have appointed Ms. Ruvini Dias Bandaranayake as the New Managing Director.

It is time for South Asia to give to other regions: Prof. Mahadevan

As Asia continues to play an active role in leading global economic growth, world-renowned speaker Prof. B. Mahadevan said it is time for the region to invest in showcasing...

Saudi and Russia agree to freeze oil output

REUTERS: Top oil exporters Russia and Saudi Arabia agreed yesterday to freeze output levels but said the deal was contingent on other producers joining...

PM hints at taxing capital

The government yesterday hinted at moving towards taxing capital, reversing its current tax policy approach of serving all—both super rich, rich and poor—with more or less with the same spoon.  

New Managing Director at SLTPB

Sri Lanka Tourism Promotion Bureau (SLTPB) yesterday announced the appointment of Ruvini Dias Bandaranayake as its new Managing Director. 

Softlogic 3Q net up 90% over retail, healthcare & financial services performance

The diversified retailer, Softlogic Holdings PLC group (SHL) increased its net profit by as much as 90.4 percent to Rs.341.1 million for the quarter ended December 31, 2015 (3Q16)...

SLPA calls for EOIs for East Container Terminal

Sri Lanka Ports Authority (SLPA) has decided to call expression of interests (EOIs) for the development of the East Container Terminal (ETC)...

CSE to introduce risk-based capital adequacy requirement for stockbroker firms

The Colombo Stock Exchange (CSE) is in the process of implementing a risk-based capital adequacy requirement to all stockbroker firms which are members/trading members of the CSE and licensed by the Securities and Exchange Commission of Sri Lanka (SEC). 

CIM Sri Lanka partners with Sampath Bank

The Chartered Institute of Marketing Sri Lanka (CIM SL) entered into a strategic partnership with Sampath Bank PLC, one of the leading banks in Sri Lanka, in order to further strengthen the knowledge and expertise of marketing.

IWW Steel stall receives overwhelming visitor response at Jaffna fair

IWW Steel, a leading steel bars manufacturing company in Sri Lanka participated in the seventh Jaffna International Trade Fair. The company’s stall at the trade fair was much admired by the visitors.   

Alpha Fire Services launches new water mist technology to combat kitchen fires

Alpha Fire Services (Pvt) Ltd Sri Lanka will showcase the Proano Kitchen Water Mist Fire Suppression Systems, which are rapid and effective on kitchen (F/K class) of fires, at the forthcoming ‘Architect Exhibition’ to be held at BMICH from 18th to 21st February.